Tag Archives: Support

ECC rejects increase in wheat support price

ECC rejects increase in wheat support price

ISLAMABAD: The Economic Coordination Committee of the cabinet (ECC) on Friday rejected a proposal by the Ministry of Food and Agriculture and Livestock (MINFAL) seeking an increase of Rs 50 in next year’s wheat support price, retaining it at Rs 950 per 40 kilogrammes.
The meeting was convened on a demand by MINFAL and was chaired by Finance Minister Dr Abdul Hafeez Shaikh. The meeting also rejected MINFAL’s demand of seeking enhancement of Rabi relief package to Rs 6,100 per

Global powers, Iran support Afghan talks

ROME: Global powers on Monday gave their backing to Afghanistan’s efforts to negotiate with the Taliban and set conditions for the gradual handover of power from foreign troops to local security forces.
The high-level talks on Afghanistan in Rome brought together representatives from 46 countries and international organisations, including for the first time Iran and the OIC. “We want to go in this direction of a realistic aim which is sufficient stability for Afghanistan and

Altaf asks parties to support Land Reforms Bill

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has asked all political and religious parties to support the Land Reforms Bill submitted by his party in the parliament. The bill aims at bringing peace and prosperity in the country by ending illiteracy, unemployment and poverty.
In a statement issued from London, Altaf congratulated MQM parliamentarians for presenting the bill.
“The MQM wants to bring a peaceful revolution in the country. It believes in

Govt borrows Rs 238b in 86 days for budgetary support

The federal government has borrowed a massive amount of Rs 238 billion for the budgetary support within 86 days of the current fiscal.
The government borrowed Rs 220 billion from the State Bank of Pakistan, while the remaining Rs 18 billion were borrowed from other sources between July and September.
The government’s average daily borrowing is estimated at Rs 2.76 billion and the borrowing has increased by Rs 215 billion as compared to the same period the previous year.